Business & Money | Monday 15 July, 2024 10:06 am

Sure inks SAR 52M contract to develop digital platform for infath

Sure Global Tech Co. signed, on July 14, a contract worth SAR 51.99 million (VAT inclusive) to develop a digital platform for the Entrustment and Liquidation Center (infath). The three-year contract covers providing technical support to infath to help expedite and automate the liquidation...

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Business & Money | Monday 15 July, 2024 10:04 am

Horizon Educational signs lease with Tatweer for Riyadh land

Horizon Educational Co. signed on July 11 a lease for a land plot in Dhahrat Laban, Riyadh, with Tatweer Buildings Co., according to a statement to Tadawul.  The company seek to establish and operate an educational complex, named Horizon International Schools, on the...

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Business & Money | Monday 15 July, 2024 10:03 am

Umm Al-Qura Cement joins industrial sector competitiveness program

Umm Al-Qura Cement Co.  joining the industrial sector competitiveness program by signing an agreement that will provide several solutions to raise the efficiency and quality of energy sources used in the industrial facilities, according to a statement to Tadawul.The program will contribute to...

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Business & Money | Monday 15 July, 2024 8:32 am

Dubai Customs Director General discuss bilateral trade prospects with Indonesian Consul-General

 As part of Dubai Customs’ commitment to having stronger ties with foreign diplomatic corps to support the growth of Dubai's non-oil external trade, H.E. Dr. Abdullah Mohammed Busenad, Dubai Customs Director General, received H.E. K. Katarika Candra Negara the Indonesian Consul-General in...

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Business & Money | Sunday 14 July, 2024 11:30 am

NWC starts implementing 14 water and environmental projects in Qassim worth SR +561 million

The National Water Company (NWC), represented by its Northern Cluster, has started the implementation of 14 water and sanitation projects in different parts of the Qassim region. The total cost amounts to more than 561 million Saudi riyals to increase the supply of water and environmental services, ...

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Business & Money | Sunday 14 July, 2024 10:46 am

ADES Holding secures SAR 11.3B upsized syndicated credit facility

ADES Holding Co. successfully amended its existing syndicated facility, securing an additional $3 billion (SAR 11.3 billion), with the majority of existing lenders participating, along with new local and regional financial institutions. In a statement to Tadawul, the company said that the ...

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Business & Money | Sunday 14 July, 2024 10:32 am

Diriyah inks SAR 7.8B contract to develop new area

Diriyah Co. signed today a contract worth more than SAR 7.8 billion ($2 billion) with El Saif Engineering Contracting Co., in partnership with China State Construction Engineering Corporation Ltd (CSCEC) to implement a large-scale building and construction project in the...

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Business & Money | Sunday 14 July, 2024 10:24 am

Dubai Customs’ Consultative Council Reviews Digital Services to Facilitate Business Operations

Dubai Customs held its second Consultative Council meeting in 2024, chaired by H.E. Dr. Abdulla Mohammed Busenad, Director General of Dubai Customs, in the presence of executive directors, department directors, and council members from work groups and trade sectors. The meeting covered various...

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Business & Money | Sunday 14 July, 2024 10:18 am

Emaar's H1 2024 Rally: Celebrating Achievements and Future Prospects

 Emaar Properties held its mid-year internal staff rally, a quarterly gathering where Emaar’s leadership reviews and shares the Company’s operational performance and way forward with the staff. During the rally, Emaar presented significant milestones and achievements across all areas of...

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Business & Money | Saturday 13 July, 2024 2:15 pm

Saudia Group and Ministry of Investment Sign MoU to Support Investors in the Kingdom

Saudia Group and the Ministry of Investment have signed a Memorandum of Understanding (MoU) to support major investors and executives in global established companies aiming to relocate to the Kingdom.     The MoU, signed by Khaled Tash, Saudia Group’s Chief Marketing...

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